A different way of looking at retirement

Empower is here to help you replace — for life — the income you made while working. We provide you with the information and tools you need to make smarter decisions and empower you with the ability to act on those decisions quickly.

Our interactive digital technology gives you a personalized view of your projected retirement monthly income by allowing you to quickly and easily see where you stand, how far you need to go and what steps you can take next.

We can help you take a broader approach to preparing for retirement with investing, saving and planning options that include rollover and roll-in services, life insurance solutions, annuities and IRA options.

You are encouraged to discuss rolling money from one account to another with your financial advisor/planner, considering any potential fees and/or limitation of investment options.

Financial professionals

News release

New technology helps advisors and consultants display retirement plan modifications in real time

GREENWOOD VILLAGE, Colo., January 25, 2018 — Empower Retirement today announced that it will launch PlanVisualizer™, a powerful interactive technology that enables retirement advisors and consultants to demonstrate to plan sponsors how some modifications in plan design can impact their employees' retirement readiness, pinpoint progress, and forecast plan contribution expenses.

The new offering, which will be available through Empower's advisor web site, is aimed at helping plan sponsors consider how possible changes to their plan -- such as employer match, auto enrollment and rate of auto escalation, among others -- can impact their employees' retirement prospects.

"The ultimate goal of every retirement plan is to replace income in retirement," said Empower President Edmund F. Murphy III. "PlanVisualizer is designed to help employers better see and understand how the design of their plan can help employees achieve that goal."

Available through the broader retirement advisor and consultant market, PlanVisualizer provides plan sponsors with a multi-dimensional, holistic view of their retirement plan in its current state, along with the ability to model how changes to key design elements can potentially affect participant preparedness and how changes to the plan might impact matching costs for the employer.

The new technology utilizes a core set of anonymous data points supplied by the advisor or consultant - including employees' ages, salaries, retirement plan balances and contribution rates - to provide plan sponsors with customized insight across demographic segments, including a directional sense of participants' current trajectory to replace income in retirement. PlanVisualizer makes use of Empower proprietary data which utilizes multiple individual and actuarial data points to show individuals a score of how they are faring toward income replacement in retirement.

"Advisors and consultants can employ this technology to communicate the effect of retirement plan design changes in real time," Murphy noted. "Empower has made PlanVisualizer available to all advisors and consultants - regardless of client status and free of charge - because we believe strongly in helping every employer optimize their retirement plans for their workforce."

PlanVisualizer is part of Empower's advisor-centric approach to serving the growing market for defined contribution retirement services. Since its formation in 2014, Empower has received some of the highest favorability marks in the industry from advisors across the country. In the last two years Empower has worked with some 30,000 plan advisors to serve the needs of plan sponsor clients.

PlanVisualizer will also be offered by Putnam Investments to assist advisors and consultants in serving their clients. In recent years, Putnam has received sweeping industry accolades for FundVisualizer®, a free investment analysis tool that enables advisors, brokers and other intermediaries to evaluate and compare more than 30,000 mutual funds, exchange-traded funds and indexes using more than 80 performance and risk metrics.

IMPORTANT: The projections generated by PlanVisualizer™ are hypothetical in nature. There is no guarantee of future results and the results are not a guarantee of actual outcomes and will change as inputs change. The results may vary with each use and over time.

About Empower Retirement

Headquartered in metro Denver, Empower Retirement administers $529 billion in assets for more than 8.3 million participants. It is the nation’s second-largest retirement plan record keeper by total participants (Pensions & Investments, April, 2017). Empower serves all segments of the employer-sponsored retirement plan market: government 457 plans, small, midsize, and large corporate 401(k) clients, non-profit 403(b) entities and private-label recordkeeping clients. For more information, please visit www.Empower-retirement.com.

As of Dec. 31, 2017. Information refers to all retirement business of Great-West Life & Annuity Insurance Company and its subsidiaries and affiliates, including Great-West Life & Annuity Insurance Company of New York, marketed under the Empower Retirement brand.

Carefully consider the investment objectives, risks, fees and expenses of the annuity and/or the investment options. Contact us for a prospectus, a summary prospectus and disclosure document, as available, containing this information. Read them carefully before investing.

IMPORTANT: The projections, or other information generated on the website by the investment analysis tool regarding the likelihood of various investment outcomes, are hypothetical in nature. They do not reflect actual investment results and are not guarantees of future results. The results may vary with each use and over time. Healthcare costs and projections, if applicable, are provided by HealthView Services. HealthView Services is not affiliated with GWFS Equities, Inc. Empower Retirement does not provide healthcare advice. A top peer is defined as an individual who is at the 90th percentile of the selected age band, salary range and gender.

Securities offered or distributed through GWFS Equities, Inc., Member FINRA/SIPC and a subsidiary of Great-West Life & Annuity Insurance Company.

GWFS Equities, Inc. registered representatives may also be investment adviser representatives of GWFS affiliate, Advised Assets Group, LLC. Representatives do not offer or provide investment, fiduciary, financial, legal or tax advice or act in a fiduciary capacity for any client unless explicitly described in writing.

Great-West Financial®, Empower Retirement and Great-West Investments™ are the marketing names of Great-West Life & Annuity Insurance Company, Corporate Headquarters: Greenwood Village, CO; Great-West Life & Annuity Insurance Company of New York, Home Office: New York, NY, and their subsidiaries and affiliates, including registered investment advisers Advised Assets Group, LLC and Great-West Capital Management, LLC. The trademarks, logos, service marks and design elements used are owned by GWL&A or used with permission.